XCHG (NASDAQ:XCH) Trading Up 8% – Should You Buy?

XCHG Limited (NASDAQ:XCHGet Free Report) shot up 8% on Friday . The company traded as high as $1.22 and last traded at $1.21. 131,885 shares traded hands during trading, a decline of 67% from the average session volume of 402,950 shares. The stock had previously closed at $1.12.

XCHG Trading Up 3.1 %

The firm’s 50-day moving average price is $9.36.

XCHG (NASDAQ:XCHGet Free Report) last announced its earnings results on Friday, December 13th. The company reported ($0.08) earnings per share for the quarter.

XCHG Company Profile

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XCHG Limited engages in designing, manufacturing, and selling of electric vehicle (EV) chargers under the X-Charge brand name in Europe, the People’s Republic of China, and internationally. The company offers direct current (DC) fast chargers under the C6 series and C7 series; and battery-integrated DC fast chargers under the Net Zero series, as well as software system upgrades and hardware maintenance services.

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